Sentences with phrase «into local government pension»

Not exact matches

May sits on the House pension committee and called for hearings to delve into the Illinois Municipal Retirement Fund, which manages taxpayer - backed pensions for thousands of local government employees.

Similarly, the amount state and local governments will have to pay into the state's main pension fund for other public employees would double to nearly $ 4 billion — even if most localities opt into a borrowing scheme approved this year by lawmakers to soften the blow.

[Cuomo will also call for another costly item for the state and local governments, pensions, to evolve into a defined benefit plan, similar to a 401 (k) in the private sector.]

Pensions Cuomo will also call for another costly item for the state and local governments, pensions, to evolve into a defined benefit plan, similar to a 401 (k) in the privatePensions Cuomo will also call for another costly item for the state and local governments, pensions, to evolve into a defined benefit plan, similar to a 401 (k) in the privatepensions, to evolve into a defined benefit plan, similar to a 401 (k) in the private sector.

Cuomo looks at pensions New York State Attorney General Andrew Cuomo has targeted 64 local government agencies, including Syracuse, in an investigation into «pension padding.»

The reduced contribution rate — good news for local governments that pay into the state pension system for their public employees — was long anticipated from DiNapoli.

The local government pension scheme is split into over 80 different funds, with 1.7 million workers paying for four million total members.

«While we still have much work to do to address the high costs of pensions and healthcare, the main drivers of expense to local governments, this year's executive budget keeps our funding for cities stable and begins smart investments into infrastructure and education which will pay long term dividends to all New Yorkers,» Miner said.

If state and local governments are required to pour money into pension debts, that's money they won't have available to support other government services, including higher education.